Kinder Morgan Inc. (KMI) has been drawing significant investor interest. Renewed investments have been made by
Quantessence Capital LLC, Tower Research Capital LLC TRC, and
Syon Capital LLC with shares also being bought by
Fayez Sarofim & Co, Brasada Capital Management LP, and
Russell Investments Group Ltd. A hefty $1.85 billion senior notes offer has been announced. Despite downgrading of the stock to 'Hold' after value surpassed estimates, and a reported 5% drop over the last month amidst broader market declines, the prospects for KMI remain positive. The focus remains on
natural gas demand, a sector where the company held a bullish outlook. Dividend play seems solid with an upcoming pay of $0.2925, although coverage appears worsening. Q1 2025 earnings showed revenue beating expectations, however, EPS lagged and net income declined despite sales growth. Yet,
KMI maintains its annual profit forecast on the back of soaring natural gas demand. With a 35% undervalue suggestion, some consider it a potential buying opportunity while others regard it too expensive. Joint projects with entities like Entergy Texas and Golden Pass LNG are noted.
Kinder Morgan KMI News Analytics from Sat, 04 Jan 2025 08:00:00 GMT to Sat, 26 Apr 2025 19:02:45 GMT -
Rating -1
- Innovation -2
- Information 6
- Rumor -4
